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ConocoPhillips COP Total Current Assets

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Other financials

Income statement

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Revenue$15.8B-4.6%
Gross profit$9.5B-8.2%
Net income$2.2B-23.4%
EPS (diluted)$1.78-20.2%

Balance sheet

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Cash & equivalents$6.2B-5.6%
Total debt$23.3B-4.5%
Total equity$64.5B-1.1%
Total assets$122.73B-1.2%

Cash flow

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Operating cash flow$4.3B-29.8%
CapEx$3.0B-75.5%
Free cash flow$1.3B

Valuation

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Market cap$146.78B+25.2%
Enterprise value$163.83B+20.6%
P/E20.1×+7.3×
P/S2.5×+0.5×

Profitability

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Gross margin61.5%-2.2pp
Net margin12.6%-4.0pp
FCF margin12.3%

Returns & leverage

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Return on equity11.3%-5.4pp
Debt / equity0.4×0.0×
Current ratio1.3×0.0×

Where this comes from

Reported directly by ConocoPhillips in its filing.

Tagged under the XBRL concept us-gaap:AssetsCurrent.

The source filing: ConocoPhillips’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 7:41 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001163165-26-000018
Line itemMillions of Dollars / March 312026Millions of Dollars / December 312025
Accounts and notes receivable, net7,0505,813
Inventories1,9101,873
Prepaid expenses and other current assets906865
Total current assets16,22915,532
Investments and long-term receivables10,32010,185
Net properties, plants and equipment (net of accumulated DD&A of $93,460 and $90,396, respectively)93,14193,239
Other assets3,0352,983
Total assets$122,725121,939

Item 1. Financial Statements

FAQ

What is ConocoPhillips's total current assets?
ConocoPhillips (COP) reported total current assets of $16.23B in Q1 2026.
How has ConocoPhillips's total current assets changed year-over-year?
ConocoPhillips's total current assets decreased by 4.0% year-over-year, from $16.91B to $16.23B.
What is the long-term trend for ConocoPhillips's total current assets?
Over 5 years (2020 to 2025), ConocoPhillips's total current assets has grown at a 5.2% compound annual growth rate (CAGR), from $12.07B to $15.53B.
What does total current assets mean?
The sum of all assets expected to be converted to cash or consumed within one year — cash, receivables, inventory, and prepaid expenses.

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